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SiteOne(R) Landscape Supply announced today the acquisition of Terrazzo & Stone Supply. Founded in 1956, Terrazzo is a leader in the distribution of natural stone and hardscapes products with locations in Bellevue and Marysville, Washington.

12

Jun

SITESiteOne Landscape

$76.77

0.59 (0.77%)

01/23/18

UBSW

01/23/18DOWNGRADETarget $72UBSWSell

SiteOne Landscape downgraded to Sell on valuation at UBS

UBS analyst Christopher Belfiore last night downgraded SiteOne Landscape Supply to Sell from Neutral while raising his price target for the shares to $72 from $66. While the company's execution has been solid, the stock's valuation "has runs its course for now," Belfiore tells investors in a research note. He sees continued growth for SiteOne, but limited margin expansion ahead.

01/26/18

WBLR

01/26/18UPGRADEWBLROutperform

SiteOne Landscape upgraded to Outperform from Market Perform at William Blair

William Blair analyst Ryan Merkel upgraded SiteOne Landscape to Outperform saying the company is a long-term earnings compounder that will benefit from acquisitions.

02/21/18

RHCO

02/21/18NO CHANGETarget $89RHCOBuy

SiteOne Landscape price target raised to $89 from $70 at SunTrust

SunTrust analyst Keith Hughes raised his price target on SiteOne Landscape to $89 after the company's Q4 results and FY18 EBITDA outlook. Hughes says that while the $180-$192M view looked light of $189M consensus, it did not include the recently closed Atlantic Irrigation deal, which could add $5M-$6M in EBITDA this year. The analyst keeps his Buy rating on SiteOne Landscape, citing the company's ability to drive EPS growth of over 30% per year while the residential and commercial cycle remains strong.

03/29/18

WBLR

03/29/18NO CHANGEWBLROutperform

SiteOne bull case represents 36% share upside, says William Blair

After traveling with SiteOne Landscape management, William Blair analyst Ryan Merkel says, "Our confidence in the long-term opportunity increases every time we hear the story." The company is still "very early in its evolution to become a world-class distributor," Merkel tells investors in a research note. He sees see 36% upside in the shares to $100, which is based on a "bull case" EBITDA of $300M in 2020 at 15 times. The analyst keeps an Outperform rating on SiteOne.